Yes it’s a problem.
Yes it can be fixed.
It starts off with the regular citizens by paying any current debts and avoiding new ones.
Answer:
cash 1,470
sales discount 30
return goods 1,100
sales revenue 2,600
to record payment received from Morton Company
Explanation:
on sale:
account receivable 2,600
sales revenue 2,600
we analize the commercial terms:
2/7 within the first 7 days, paying the invoice generates a 2% discounts
n/30 after that, until 30 days pays the nominal amount
balance at payment date:
sales for 2,600
returned goods: (1,100)
balance 1,500
discount 1,500 x 2% = 30
journal entry:
cash 1,470 (1,500 nominal - 30 discount)
sales discount 30
return goods 1,100
sales revenue 2,600
Based on the information given, the products that will be taken into consideration will be making shirts and making socks.
<h3>
Solving the set work period.</h3>
From the complete question, the products that will be produced are shirts and socks.
The inputs to product 1 are fabric, sewing machine printing machine, and time. The inputs to product 2 are fabric, time, and sewing machine.
The set work period will be 140 shirts can be made and 100 socks can be made as well.
Learn more about set work period on:
brainly.com/question/24318670
Answer:
the total cost to be accounted for under the weighted-average method would be: $172,000
Explanation:
Hint : Total Cost of Inputs must equal Total Costs of Outputs
<u>Total Cost To be Accounted for is calculated as follows:</u>
Cost of Ending Work in process Inventory $21,000
<em>Add</em> Cost of units transferred out from the department $151,000
Total Cost To be Accounted for $172,000
What are you supposed to know? edit it in the question in oarenthesis, i might know
